Banks In Omu-Aran To Re-open soon - CBN

Date: 2014-04-12

The Central Bank of Nigeria (CBN) on Friday said commercial banks in Omu-Aran, headquarters of Irepodun Local Government Area, Kwara, closed to customers in May 2013, might be re-opened soon.

The state's Branch Controller of the Apex bank, Mr Monday Olotewo, told the News Agency of Nigeria (NAN) in Ilorin that the latest commitment by the Omu-Aran community was laudable.

NAN recalls that series of robbery attacks between January and May 2013, led to the indefinite closure of more than three commercial banks in the ancient town.

The closure had created hardship and forced residents to travel more than 60 kilometres for their banking transactions in adjoining communities.

Olotewo told NAN that Kwara Bankers Committee was in Omu-Aran recently, where the community donated two Hilux vehicles to security operatives to assist in proper policing of the town.

"The committee believes that the donation will go a long way to help the police to patrol the town effectively.

"It also means that the community is concerned about the security of the town.

"It is a precarious situation for us in the banking sector, particularly the CBN, to continue to witness indefinite closure of bank branches as a result of incessant armed robbery attacks.

"The closure has seriously affected the economic fortune of the town, the banks are wary of re-opening because they feel enough security had not been provided," Olotewo said.

The CBN branch controller commended the efforts and concern of the Omu-Aran Development Association (ODA) and the traditional ruler of the town, the Olomu of Omu Aran, Oba Charles Ibitoye. (NAN)

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Moji Makanjuola     Standard Organization Of Nigeria     Valsolar Consortium     Niyi Ogundiran     Oniyangi Kunle Sulaiman     Sulyman Tejidini     Kwara Polytechnic     SGBN     Jamiu Oyawoye     Yekeen Alabi     Paul Odama     Farouk Salim     Abdulrazaq Adebayo     Abdulkadir Orire     Ilorin Likeminds Foundation     Kwara State University Of Education     Kwabes     Joseph Alex Offorjama     Sobi FM     Kolo     Bond     Logun     Kamaldeen Gambari     Kola Adesina     Ibrahim Abdullahi     Abdullahi AbdulMajeed     Gbenga Olawepo     Gani Saadu     PharmAccess Foundation     NAWOJ     Yahaya Seriki Gambari     Ileloke     Special Adviser On Digital Innovation     Arca Santa     Alabi Lawal     Razaq Atunwa     GRA     KwaraLearn     Mohammed Lawal     Amina Susa\'a De Ahmed     Ohoro Of Shao     Ope Saraki     Marufat Oladosu     NNPP     UNILORIN Alumni Association     Binta Abubakar-Mora     Suraj Tunji Oyewale     Salary     Bamidele Adegoke     Crystal Corner Shops     Muhammed Danjuma     Bukola Saraki     Budo-Egba     TESCOM     Kwara State Pension Board     Vasolar Consortium     Opolo Global Innovation Limited     Saliu Shola Taofeek     Solomon Edojah     Muhammad Sirajo Aliyu     Saad Omo\'ya     Olupako Of Share     Kwara Teaching Service Commission     Saba Jibril     Olokoba     Muhammadu Buhari     Student Learning Support Helpline     Sabi     New Naira Notes     Sayomi     Taofik Abdulkareem     Muhammad Yahya     Yakub Lai Gobir     Tosin Saraki     Abdulmutalib Shittu     Alfa Belgore     Segun Ogunsola    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Sam Okaula     Dauda Adesola     Sheriff Shagaya     Wale Oladepo     Salihu Jibril Garbi     Isiaka AbdulRazaq     Trader Moni     Yusuf Abdulraheem     Binta Sulyman     Usman Rifun     Oyeyemi Olasumbo Florence     Risikat Lawal     Yusuf Abdulwahab     Offorjama     Freshvine Nigeria Limited     Kazeem Oladepo     Sarakite     Abdullahi Atanda     Olaitan Adefila     Kwara NIPR     Ali Ahmad     Usman Yunusa     Abdulganiyu Salahudeen     CT Ayeni     Daud Adeshola     Yakubu Shaaba     BECE     Onilorin Of Ilorin     Salman Jawondo     Samuel Elizabeth Keatswa     Atiku Abubakar     Hakeem Idris     Garment Factory     Eleja     Colleges Of Education Academic Staff Union     Bankole Omisore     Oko-Erin     Ilorin Emirate Staff Association     Yunus Lawal     Baba Issa     CCT     Edu     Saka Aleshinloye     Tunji Oyawoye     Coalition Of Kwara North Groups     Alimi     Sulyman Atolagbe Alege     Saliu Ajia     Yinka Aluko     Voices Of Tomorrow     Lucky Omoluwa     Ilota     Tunde Oyawoye     Aasiyat Bello Oyedepo     Rasheed Jimoh     Malete     Kwasu     Olaiya Victor Mobolaji     Oniwa     Babaloja-General     Olomu Of Omu-Aran     Olam Food Ingredients     NFAI     Henry Makinwa     NURTW     Fatai Garuba Labaka     LAK Jimoh     Okanlawon Musa     Shettima Of Ilorin     Shuaib Olarongbe     Towoju     SSUCOEN     Micheal Imoudu     Mary Kemi Adeosun     Dan-Kazeem     Kwara State Television     Lola Ashiru